USDC

Hodl-Hamilton

Depends on the stablecoin. There was a run on USDC a couple years ago and it quickly recovered because Circle had an adequate amount of reserves. As long as the stablecoin is backed by a legitimate company with adequate reserves, it would be fine.

alxkwl

Put it in USDC and keep it on the sideline and wait for one of the bigger dips to roll through

coinfeeds-bot

tldr; USDT and USDC have added $76 billion in market cap since November 2024, signaling renewed investor confidence in crypto markets. This surge follows regulatory clarity provided by the GENIUS Act, signed by President Trump, which established a framework for payment stablecoins. Circle, the issuer of USDC, raised $1.2 billion in its IPO and plans to launch its Arc Layer 1 blockchain to enhance stablecoin utility. These developments highlight stablecoins' growing role in driving crypto market expansion and liquidity. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

coinfeeds-bot

tldr; The article compares two AI agents, Mamo and Bankr, integrated into the Base app to simplify onchain actions in DeFi. Mamo, developed by Moonwell, specializes in yield optimization for USDC and cbBTC, offering automated fund management and daily compounding. Bankr, backed by Coinbase Ventures, enables multichain trading, token deployment, and advanced automations via natural language commands. Mamo suits passive users, while Bankr caters to active traders, showcasing two distinct approaches to navigating DeFi within the Base app. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

kctthoughts

To the best of my knowledge, HOME works differently from most crypto. Instead of following the ups and downs of Bitcoin or Ethereum, its value comes from a bunch of real-world mortgages. It’s essentially like a REIT (real estate investment trust) version of crypto, moving more like slow, steady housing debt than the highly volatile crypto market. The risk is you are trusting a small team to manage those mortgages, collect payments, and handle any defaults. If the housing market tanks, people stop paying, or the loans are not as solid as advertised, the backing for the token takes a hit. It is kind of like a mini version of the mortgage-backed securities (MBS) and collateralized debt obligations (CDOs) from the 2008 crash. Back then, bad or risky loans were bundled together, sold as safe, and when the housing market went south, the whole thing collapsed. The mortgages are tied to the cryptocurrency through the protocol’s structure. When investors buy HOME with stablecoins like USDC, that money is used to fund or refinance real-world home loans. Those loans are secured by liens, which are legal claims on the properties. The details of those liens and the cash flow from mortgage payments are managed on a blockchain. In short, each token represents a share of a pool of mortgages, and the blockchain serves as the ledger that tracks ownership and payouts. As long as the underlying mortgages remain solid and the housing market stays stable, the structure can work as intended.

schnapps91038

This is when governments they will realize that stablecoin issuers are their saviors. Only in USDT and USDC there are ~220B billions locked in gov debt. The more popular stablecoins get the more debt this issuers will buy thus governments will be able to not solve the problem but rather emit more and more debt

CyberCrud

Using realistic round numbers, let's say you have 1 BTC.  And it's worth $150k at ATH in 2026.  You convert to $150k to UDSC and make 4% APY.   By 2027 BTC drops to $75k, losing half its value.  Your USDC is now $156k.  You made $6k while everyone else hodl loses $75k.  Now at the bottom, you decide to buy again.  You convert $156k to BTC.  You now have 2.08 BTC.  Bitcoin hits ATH in 2030 at $250k.   If you hodl from the beginning and did nothing, you have $250k.  Congratulations.  If you converted at ATH and converted back at bottom, you have $520k.   See the difference?  

coinfeeds-bot

tldr; Hyperliquid has reached a record $6.2 billion in assets under management (AUM), marking the first time it has surpassed the $6 billion milestone. On August 13, the platform recorded a single-day net inflow of $395 million, including $304 million in USDC and $47.6 million in ETH. This achievement highlights growing investor interest and strong market positioning, with significant inflows in strategic assets like USDC and ETH. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

CyberCrud

Never selling is bad advice, for the same reason that buying between the halvings is good advice. Why would you do one without the other? You never realize profit if you don't sell.  If you have no intention to liquidate for a major purchase or debt elimination, and you want to hodl, then you should still sell or convert about 18 months after halving so you can lock in ATH.  Then you accumulate more at the bottom without losing your ATH profits.  Your ROI will skyrocket this way.   I sold BTC this year to pay off my house.  I will never regret becoming debt free.  That was my entire goal in investing in BTC to begin with.  I knew that I could put serious investments into BTC in the last 2 years that would help me eliminate the 15 years that I had left of my mortgage.  That's smart planning.  Now I own my property debt free and saved tens of thousands on interest.  And I don't have to worry if I can make ends meet if disaster strikes.  If you're not trying to do that but want to hodl, why would you hold on the way down from ATH?  You're better off converting to a stable coin like USDC and earning 4% APY on that capital while BTC drops to $70k in 2027.  Then you take that USDC that actually made money and you convert it back to BTC and ride the next halving in Spring of 2028 thru the FOMO of 2029.  You'll literally make 4x as much.   Not selling is not smart. Knowing when to sell/convert is smart.  

NFTbyND

On Liqwid Finance you can supply bridged USDC for 11% apy. It has been over 10% for years so quite a nice opportunity.

analplana

So, if I just convert my other coins into BTC, is that way to sort of delay tax liability ? Since it’s not an actual sale into USD. Also what about USDC? Is that considered a cash sale at the point or just another coin to convert to?

MaximumStudent1839

WTF do you mean accelerate USDC adoption Solana? Solana's main stable is already USDC. Just go look at Kamino - the alt stables don't even form 30% of its USDC supply.

ElPeroTonteria

You're trusting the lending platform to perform outside of any governmental oversight and without any guarantee of, well, anything being above the line.... Then you're trusting the platform you're pooling you're USDC/T with to not shit the bed and the coin that you pooled with and the token you're paid out in to not drop in value.... And hopefully you're not locked in for 30-60-120 days when something fundamental happens and you can move yore $.... Ya, no, Free money brah.

epic_trader

I understand what you're saying and I'm asking you to provide evidence, because I've read the same announcements as you have read, and I did not see where they stated they are moving off of Ethereum. So I'm asking you to show me where have they stated that they are moving off of Ethereum. And just to avoid confusion, are you saying that once they launched ARC, there will no longer be USDC on Ethereum?

Mumen_Riderr

The claim is that USDC will not run on ETH, it will run on ARC once it goes live. What is so hard to understand?

YoungMoose71

Moonwell has fluctuated around 10% for a while. Yields are paid partially in their own token but you can auto sell their token for more USDC

coinfeeds-bot

tldr; Coinbase has partnered with Squads to promote the adoption of the USDC stablecoin on the Solana blockchain. This collaboration builds on Squads’ success in securing over $1 million in USDC across its products. Coinbase has also relaunched its Stablecoin Bootstrap Fund to enhance DeFi liquidity with stablecoins, focusing on USDC integration in protocols like Aave and Kamino. The partnership aims to leverage Squads’ existing traction, which includes over $1 billion in USDC on Solana, to expand USDC's role in decentralized finance and the broader on-chain economy. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Aggravating-Town-464

I also think that there could be some corrections above the corner, not the huge one, but about 15%. But as you can see I am not an expert xD Yes, I will wait for a bit, there's 12% apy while stacking USDC so it's better than nothing, let it accumulate 😅

FrescoIX

I have 102.70 USDC (polygon) and 51.8 POL (Ethereum) in my MoonPay account. I am trying to send the funds to my external wallet, but receive the error message “Need Polygon to cover network fees” I tried depositing polygon from my Coinbase wallet into MoonPay, but it does not allow it. Am I doing something incorrectly?

Primary-Promotion588

No — Chainlink, as it exists today, cannot really function without the LINK token. Here’s why: 1. Payment to Node Operators Chainlink’s oracle network relies on independent node operators who fetch, verify, and deliver off-chain data to smart contracts. These node operators are compensated in LINK, not in ETH or USD. Without the token, there would be no native incentive system for them to provide data reliably. 2. Staking & Security Model LINK is used for staking by node operators. This stake can be slashed if they provide false or low-quality data, making it a core part of the trustless security of the network. Without staking in LINK, Chainlink would have no built-in economic penalty for malicious behavior. 3. Native Utility, Not Just a Governance Coin Some blockchain tokens are mostly governance-related; LINK is directly tied to the protocol’s functioning. If you removed LINK, you’d have to replace it with another crypto asset or centralized payment system, which would compromise Chainlink’s neutrality and decentralization. 4. Theoretical Alternative In theory, Chainlink could run with payments in another currency (e.g., ETH, USDC), but that would require rewriting the smart contracts, redesigning the staking mechanism, and could introduce legal/centralization risks. That would basically make it “not Chainlink” as it’s known today. So in short: Chainlink and LINK are currently inseparable unless the entire economic and security design of the protocol is overhauled. If you want, I can explain the knock-on effect on LINK’s price if Chainlink were to switch away from using LINK. That’s where things get interesting. But please, enlighten us dear crypto guru, u seem like a very wise reddit oracle, how in the world can chainlink operate without a LINK token.

Natural_NoChemical

Circle’s revenue from stablecoin reserves mainly comes from interest earned on the cash and short-term securities backing USDC. Rising interest rates have significantly boosted these earnings.

coinfeeds-bot

tldr; Stripe and Circle are entering the stablecoin market with their own specialized blockchains, Tempo and Arc, respectively. Stripe's Tempo focuses on high-performance payments compatible with Ethereum, leveraging its vast merchant network for instant stablecoin transactions. Circle's Arc is built around its USDC stablecoin, aiming to dominate cross-border payments and institutional settlements. Both companies aim to control the infrastructure of digital payments, signaling a competitive race to shape the future of stablecoin transactions. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

CyberCrud

Keep investing.  If you're planning to hodl thru 2029, then don't worry about the price or the Crypto Winter in a couple years.  If you time it right, you can convert to USDC on the downslide and make APY while the market loses.  Then you switch back to BTC at the bottom at ride the wave to the next halving and FOMO in 2029.  If you do it right, you can easilu 400% ROI over the next 5 years.  I know because I did it.  Stay diligent.  💪

bialy3

with USDC as token, there’s no store of value and no hedge against inflation.

Acceptable_Let_3819

I just want to say.. never buy fiat and hold. Always buy a stable. Tether, USDC, RLUSD. Any should be fine. *wink*.. ;•}

Fritz1818

how the fuck are they losing money? Just click the \[print USDC\] function bro

LargeSnorlax

Do yourself a favour and make a safety net first. A couple years worth of rent, food, whatever you need to survive. If you lose your job, get injured, anything happens to you, you want that between you and the street. Trust me on tha tone. After that, do whatever you want. No one ever got hurt taking profit so if you want to sell it and buy stocks or do whatever, go for it. Personally, I like to keep some funds in USDC in case I want to buy back into something and as a hedge against the market going down. It's totally up to you and your risk tolerance.

mcgravier

If they have legitimate business model that pays 40% interest, then why don't they just borrow from a bank at 5%? Or they can sell corporate bonds. Instead they borrow from cryptobros at 12% for USDC (plus they have currency volatility risk to manage since Bulgaria doesn't use USD) Nothing adds up.

mcgravier

This is all invalid in the context of non market interest rates. 6% on BTC? 12% on USDC? This is a joke right? Do you really think anyone borrows BTC at >6% when you can borrow at 0.2% on Aave or any other DEX? Nope, this is a ponzi, it's just slower to fall than the other ones. Madoff Ponzi took 13 years to implode, this might be similar.

Ok_Lunch1400

Is there any crypto or service for conversion of one asset into thousands of others? For example, I would fund my wallet with USDC on Ethereum and be able to send out USDT on AVAX or ETH on Polygon to someone's address? There used to be Chainge, but that project is dead. I'm looking for something similar.

TheHumbleAfrican

The beauty of bitcoin is that it is borderless and of course, permissionless. Therefore, I only need to transfer btc to an offshore exchange, exchange it for USDC and convert to dollars, or euros, or yen. Tax free. Before 60, if you withdraw from an IRA, you face a 10% early withdrawal penalty, plus ordinary income tax on the amount withdrawn. I personally do not want to use bitcoin in the traditional systems that have penalties and permissions.

CapitalIncome845

I'd just like to be able to pay my Amex with USDC. Until that point, I have no use for Stablecoins.

nassereddit

I don't get why Circle needs an L1 that uses USDC as a gas token. What will that L1 offer so others adopt it? The whole point of blockchain is decentralisation and safety (speed is nice but not essential). The USDC token is minted by a central entity, Circle, there is no way to mine using computers and considering congress passed a bill that prevent yields from stablecoin there will probably be no staking allowed unless outside the US. Why would anyone adopt this chain without incentive? I would like to hear more about the consensus mechanism if anyone has a better picture.

weiga

Fees aside, I feel like most want their L1 tokens to also have the ability to jump in price. ETH and SOL are popular for this reason. Having USDT or USDC gas fees is convenient, but it’d be an extra step to convert it back to another crypto you want to hold.

ThriceHawk

All of the banks/major financial institutions are creating and using their own stablecoins/L1's... Circle also just announced their own L1 blockchain using USDC. Those can be tailored to local regulations and the U.S. stablecoin legislation just further legitimizes that path... They'll have full control over issuance, redemption, etc. Banks can also earn interest on reserves backing stablecoins, instead of benefiting Ripple Labs... They'd rather add that revenue stream than pay transaction fees to Ripple. Bank of America used to work with Ripple in a limited capacity... Now they are developing their own stablecoin and not doing anything with Ripple. Ripple tried to create their own stablecoin to pivot, but it's not in the top 20 used stablecoins so far. Their acquisition of Rail should help, but nothing they are doing justifies their marketcap.

OwlPay_Wallet_Pro

Stablecoins like USDC are basically the digital version of the US dollar, and holding it is almost the same as holding USD. Like you said, waiting can be a good strategy. You can first deposit through CC cash or bank transfer, and then maybe swap into your desired crypto at the right time. Aside from investing, USDC might become a popular payment method in the near future. That means not only businesses using it for remittances, but normal users could also spend it on things like online shopping or booking travel.

blockhead92

You can access Blend, a defi protocol similar to AAVE but with its own nuances and low fees, at blend.capital. You’ll need a stellar wallet to use it. Main highlights: •Interest rates are very competitive, averaging around 15-20% APY for lent USDC, paid in USDC. You can deposit/withdraw freely. •In addition to the direct interest, users earn BLND tokens which are still a low market cap but growing token. They serve as part of the insurance mechanism in the protocol. •Multiple security audits and security hackathons completed before mainnet.  •Access to additional yield on Etherfuse stable bonds. If you want to get creative: •You can also borrow XLM cheaply vs USDC lent and use it to generate synthetic stablecoins and further extend your invested capital to maximize yield. You can also be a degen and leverage trade if that’s your style. •There is a high quality liquidity protocol called Aquarius you can use to deposit borrowed XLM and earn additional yield. Here’s an easy to follow video to illustrate how easy it is to use: https://youtu.be/NmXoo6UgR6k?si=Bh3UPsSOpSjwNkBZ Let me know if this is what you’re interested in, or if you would like to hear about something else. There are active discord communities in case you want to dive in!

ImmediateShape4204

You can do the same on decentralized platform like AAVE posting your assets like ETH as collateral. Rate for USDC are around 5.35%, but you also receive yield (2% for ETH) for the assets you post as collateral.

guanzo91

> Right, but as far as taxes go there’s no distinction between me buying that with my own earned income like I usually do and doing it with USDC gained on collateral right? Right > So in an upward trending environment this almost seems like a DCA (monthly basis) on steroids? Yeah if the price keeps going up you'll be fine.

decomposition_

So can you just send the USDC to another platform, purchase BTC or ETH, and transfer that back to Coinbase while paying the loan off before significant interest accrues? I’m usually really against debt but this seems like a good idea in an upward trending environment and with small two week time frame loans doesn’t seem like much risk for adding to my invested capital

decomposition_

I’ve been running the numbers for a bit and it still seems like the profit could outweigh the interest accrued assuming I’m paying each loan off within two weeks. Right, but as far as taxes go there’s no distinction between me buying that with my own earned income like I usually do and doing it with USDC gained on collateral right? So in an upward trending environment this almost seems like a DCA (monthly basis) on steroids?

sgtslaughterTV

Stablecoins as a hedge against inflation sound like a good idea. I used to push for 1 specific stablecoin - USDC. That is, until the depeg event happened in early 2023. These days, I would say if somebody wants to hold stablecoins, and if they can afford the hedge, perhaps consider holding more than one kind of stablecoin.

decomposition_

Has anyone tried the Coinbase USDC loan feature? Is the interest ridiculous or what is the drawback in doing smallish loans to buy bitcoin or Ethereum immediately then paying the loan off before it accrues interest? From my limited understanding it doesn’t seem like there’s any taxable event here so as long as you keep yourself within reason you can easily boost your crypto assets as long as your LTV ratio isn’t dangerously high? I’m already doing daily deposits so I figured why not do ~30 days worth immediately so it can grow faster and pay the loan off over the 30 days instead?

VariatCA

Appreciate the advice! I just may do that, take a little bit of capital in USDC or Tether and see what kind of yield lending-pool I can hop into.

MariachiArchery

This whole quantum computing thing, as it relates to crypto, overlooks pretty much every major implication of quantum computing. It's like asking, "If a Carrington Even occurs, how will I charge my iPod?" Silly, right? If all of the sudden quantum computing becomes a reality, crypto will be the least of our worries. First of all, who will have it? Who wont? Second of all, will it be weaponized, and by whom? The reality of a post-quantum world, is that modern monetary systems will simply cease to exist. Never mind crypto, if a quantum computer comes along and is controlled by a hostile entity, BTC will be least of our worries; a computer capable of comprising the security of BTC or ETH is *more than* capable of comprising the entire legacy financial system. Banking, stock and commodity exchanges, the Fed, everything is at risk. *Everything.* Crypto and blockchain security are nothing compared to the threat a hostile nation with quantum computing capabilities poses to the world monetary system. Nothing. To your second point, it is far more likely that BTC and ETH undergo significant upgrades to safeguard against QC than it is for a new coin to both solve the quantum problem, *and* become mainstream. Further, it is of far greater interest, to everyone, that BTC and ETH (and USDT, USDC, BNB, XRP...) undergo upgrades than it is to launch a new chain that is quantum resistant. Just think about the network cost to move the damn near 4T in assets over to a new chain, you know? It is not practical. Therefor, this is where the communities efforts will go. It wont go towards a new project, it will go towards upgrading current chains. 2030 is the likely horizon for QC. By then, I fully expect BTC, ETH, and the community as a whole to upgrade to a quantum resistant security system. I mean... it has too. This is far more likely than a new project gaining traction.

Decent-Test-2479

The farm yields from BTC and ETH have been unheard of… 50 percent APY for BTC and ETH pools. There is a UNI WBTC & USDC vault with 50 percent APY right now.

Dizzy-Emergency-191

Ive messed around with a few crypto cards so here’s my quick thoughts. Nexo is a credit card backed by your BTC or ETH. You don’t sell your coins, you borrow against them. Cashback in BTC or NEXO. Pretty smooth app, FX rates are fine. Rewards get better if you hold more NEXO but it’s not mandatory. CDC Prepaid debit card. Good cashback if you stake CRO but you need to lock quite a bit for the better tiers. Easy to top up, works fine for day to day. Binance Card has straightforward, low fees, cashback in BNB. You just have to set which coins it spends from in the app. Rizon is new player that launched this year. Lets you spend USDC or USDT straight from a non-custodial wallet using a Visa card. Works with Apple Pay and Google Pay, fees are transparent, and you don’t have to convert to fiat first. Super handy if you mostly hold stables. On taxes, most places treat spending crypto as selling, so it can trigger capital gains. Nexo avoids that since it’s borrowing, but check your local laws before going all in. If you want the easiest way to spend stables without converting, Rizon’s pretty good. If you’d rather keep your stack and borrow against it, Nexo’s solid.

OwlPay_Wallet_Pro

That’s true. Our team is about to launch Stablecoin Checkout, a seamless way for your customers to pay with USDC at checkout while you receive settlements in USD. For example, if you run a hotel booking platform, you can offer your guests the option to complete their payment in USDC. We handle the conversion and settle the funds in USD directly to your account. This means For customers, no worries about exchange rates For platforms, no headaches from FX fees

VariatCA

If you're looking for a steady yield with something like USDC, simply holding usdc on Coinbase in an account has a 4.10% APY with no staking required.

Voltagevalley2019

Guys… don’t use your BTC use USDC

Tip-Actual

USDT/USDC is a liquidity pool containing of both those stable coins. I have used Morpho vaults before, no issues but DYOR.

overwatchaim

I know its never recommended to do, but is it worth to “stake” USDC/USDT, for example ive heard about Morpho USD. Or will it be Luna UST all over again?

MichaelAischmann

Censorship resistance of crypto highly depends on decentralization. USDT & USDC for example are easily censored. LUSD or RAI on the other hand have much higher censorship resistance.

ImmediateShape4204

The ETH-USDC pair has 3.5x+ the trading volume of BTC-USDC pair on Coinbase (923 millions vs 276.5 millions). I don't remember the last time I saw that.

CipherScarlatti

Are you serious or foolin'? That's not how USDC works.

Hodl-Hamilton

It depends.. if you're talking about ETH or SOL, you can sell on-chain for stablecoins (USDC, USDT). Some other alts have stablecoins on-chain as well. BTC currently doesn't have a dollar-pegged stablecoin AFAIK, but you can always transfer back to the exchange and sell there (with any crypto).

ImmediateShape4204

ETH/USDC has almost double the volume of BTC/USDC pair on Coinbase (886 milliions vs 480 millions). Follow the money. NFA.

abigguynamedsugar

USDC earn doesn't require a locking period.

abigguynamedsugar

USDC, stake it/earn with it, wait for bear, buy more. ez

-Monero

Me too. But instead of USDC I choose Monero, and instead of BTC I choose XMR.

final_lionel

Same problem for me. I have an idea. Instead of buying 100% USDC, you buy instead 90% USDC and 10% BTC as a stablecoin. Is it stupid or a great idea?

0x456

Serious question. In my opinion, it's really a stablecoin season this time. I mean, USDT/USDC are really active and booming in use and utility this time around. So, I wonder, what are my options to passively earn on may stablecoin stash? I'd like to find the highest APY available. The safety of the assets is important to me, but I'm fine with both CeFi and DeFi.

ColdplayUnited

Wrong. The only fully compliant stablecoin in the US right now, with regard to the new GENIUS act, is USDtb, which is basically the act’s poster child. Neither USDC nor RLUSD is actually certifiably compliant despite what they claim in the media.

CranberryFun3740

I couldn't agree more! The FUN/USDC pair is definitely a smart addition that enhances stability and liquidity, making it more appealing for new users. With the Foundation launch, it feels like we’re entering an exciting phase for $FUN. A target of $0.10 by December sounds ambitious but achievable!

Grunblau

I think when people finally figure out that there is no lock up period for unstaking ALGO, price is just going to continue to rise. Plus like 16% on ALGO/USDC pool. Recently needed $120… unstaked, sent ALGO, then restaked the left overs in seconds.

FarAwaySailor

Why not just ask them to give you USDC, or charge them a couple of $ more and you convert it to stablecoin yourself?

Finentce

Nice **Crypto Crave & Save** * You pay with crypto using the Flexa app at checkout between 3 PM and 7 PM daily * Flexa instantly converts your crypto to fiat, so Sheetz doesn’t deal with volatility * Supported assets include Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and stablecoins like USDC [CoinEdition Source](https://coinedition.com/sheetz-crypto-discount-flexa-payments/) | [MSN Source](https://www.msn.com/en-us/money/other/popular-convenience-chain-offers-50-off-if-you-pay-with-crypto/ar-AA1K4w81)

Sand4Sale14

StablecoinInsider actually breaks all this down in plain terms like how Circle earns yield, why people use USDC, and how it fits into crypto trading. Super helpful for clearing up confusion

Emergency_Egg1281

Here is what you do. Get a COINBASE platform account . Hold the 2k in USDC at 4.1 apr. Now, set up your wallet. Send 1k ETH to wallet . Now go to the home page in the wallet and see what everyone is trading and put 100 USD into 5 or 10 that are popping. Watch constantly Keep swapping from losers to winners For a while, you will tread water from the cost of fees and gas , but eventually, you will find 1 or 3 that pop you up to the green ! Pump more funds in and watch the profits roll in. Now that 1k is 5k. Pull 2k back to the platform account and buy ETH AND STAKE ! Now, those profits are compounded and pumping. You got this. it's all green from hare and to the moon ° or you lose it all.

inShambles3749

wdym how? USDC and USDT are issued by a centralized entity. USDC is literally Coinbase. If they don't like what you for whatever reason they can freeze funds its a baked in feature in USDC. Not only that they could go even as far as seizing funds. Although seizure hasn't happened yet afaik. If you're scared that banks take your money you are going in even more risk storing money on stablecoins because you trust a random dipshit company to not mess around with your funds. Store wealth in BTC and self custody. No one can touch it and you can withdraw whenever you want.

Competitive_Milk_638

If you're living in a banana republic full of cleptocrats, and your local currency is backed by nothing, then yes, USDC is worth HODLing. However, the US under the current administration is trying to become what I described, so if you live in the US, then USDC isn't any better than USD. BTC and ETH aren't controlled by petty dictatorships that print fiat whenever they need it, so in the long run, those might be safer investments. If the US pulls its collective head out its ass and maintains itself as a democracy committed to fiscal responsibility, then hopefully the USD and hence USDC will remain safe.

abinonloopin

Always stable up. Swap up to USDT or USDC whichever is available for cheap.

Competitive_Milk_638

There are only two legit cryptocurrencies: BTC and ETH, both of whch have high liquidity, high decentralization, and active devs. The rest are mere copies, late to the bandwagon, lacking one or all of these three characteristics. And there's a use case for USDC and to a much lesser extent USDT. I personally would prefer not to touch the rest.

Altruistic-Buy8779

Since USD keeps going down it's preferect time to take out a USDC loan on AAVE. Makes sense to want Euro stable coins in defi too. They just never caught on.

Competitive_Milk_638

Wow. USDC is going to moon now.

coinfeeds-bot

tldr; A report by Pantera Capital reveals that the number of crypto professionals receiving salaries in digital assets tripled in 2024, with 9.6% paid in stablecoins like USDC and USDt. USDC accounted for 63% of crypto payrolls, despite USDt being the most traded stablecoin globally. The report highlights a shift toward blockchain-native payroll systems and long-term token-based compensation. Circle is positioning USDC for institutional payments and financial infrastructure, supported by regulatory advancements like the GENIUS Act signed into law in 2024. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

TheMajesticPrincess

I'd buy 5K of USDC and stake it until something good comes along. Y'all finna buy the top fr

Django_McFly

I wouldn't think of it as an alternative to fiat considering it's a fiat-pegged token backed entirely by fiat. I think it's fine for your situation. You don't seem like a US citizen but you want to hold US dollars. USDC is a relatively easy way to do that. As for risks, basically banking related risks (which have happened with USDC in the past) and the risk that the government starts to hate Circle and declares their treasuries null and void like they did to Russians. I'm not too worried about the second ever happening. The first thing has happened but would likely be covered by FDIC insurance or the Fed and would only be like "one crazy week" as opposed to it's the new UST and it's dead, never recovering.

RastaBooties

Hmm, try to use the 'convert' option on Bitget to convert your PROVE to USDC/USDT or any other coin you want.

Mbiticles20

Great move! Pairing FUN with USDC adds more stability and opens up access for users who want to avoid the volatility of other crypto assets. Looking forward to more liquidity and smoother trades!

cyger

If you hold your USDC on some exchanges like Coinbase, they will give you interest in USDC in return.

the_ocs

USDC doesn't pay any interest. Look into stablecoins that pay interest, like Liquity Bold

inShambles3749

You cannot airgap your funds. They always stay on a Blockchain. Your wallet is just a key to your funds. And that private key is exactly what you can and should airgap by using a cold wallet. Then you can sign a withdrawal if you need it. You just need your device to sign the transaction. However: Centralized Assets like USDC, USDT etc. can still freeze your funds. So think twice before you drop your cash into an asset that doesn't fit your needs. (Just mentioning because you said you don't want third parties to be able to do something to your assets)

RealHobbyBob

I think your perspective is a bit off. These coins are SUPPOSED to be digital cash, which is vulnerable. You can always build in permissions, like blacklisting (USDC has this) or professional custody (also exists), but the finality of crypto transactions isn't really an issue. Some younger people may not remember, but when I was first entering the workforce it was extremely common to use cash, businesses got robbed, people got robbed, and the US financial system didn't end over it. Crypto is all about developing new tools, so we'll continue to develop these tools, but cash will never stop being stolen and that's not an issue. The risk stems from the concept of finality, which is a feature.

Unlucky-Raise-7214

Absolutely! The FUN/USDC pair is a fantastic addition. It really does bring more stability and liquidity, which is crucial for attracting new users. Plus $FUN starts a new wave with the launch of its Foundation $0.10 by December? We’re on track.

cannedshrimp

If you want redundancy without compromising security then you should be looking at multisig wallets. You can create your own, but it's high risk that you mess something up if you don't know what you are doing (I'm not sure you could even do it for non-bitcoin assets). There are services that offer assisted multisig where you hold 2 of 3 keys and the service holds the 3rd. They can help in an emergency, but can't move funds without 1 of your two keys. The service comes at a cost a long with the need to own 2 hardware wallets, but it's the most robust solution. Multi-asset support including USDC https://casa.io/ Bitcoin only https://nunchuk.io/

cannedshrimp

If you want redundancy without compromising security then you should be looking at multisig wallets. You can create your own, but it's high risk that you mess something up if you don't know what you are doing. There are services that offer assisted multisig where you hold 2 of 3 keys and the service holds the 3rd. They can help in an emergency, but can't move funds without 1 of your two keys. The service comes at a cost a long with the need to own 2 hardware wallets, but it's the most robust solution. Multi-asset support including USDC https://casa.io/ Bitcoin only https://nunchuk.io/

Equivalent_Taste952

If I had $100 USD in 2025, I would divide it into stable BTC and ETH, add a small amount of high-growth projects such as SOL, LINK, and RNDR, and keep some USDC for flexibility, so as to achieve a balanced risk and potential opportunities.

InternalOpen7578

DAI and USDC. Usdt is risky.

Real-Equivalent-6294

Um, isn't the value pegged to the dollar? So if a dollar buys less, so does a USDC?

anon1971wtf

And if one is outside US, doesn't want to declare dollars to anyone, including border crossings? USDC are pretty useful

Altruistic-Buy8779

The risk is that unlike a US Bank amount it's not FDIC insured. Also unlike cash Circle has the ability to freeze your USDC.

ZealousidealMonk1728

Yes, that's a great use case for USDC. Even better would be Pax Gold or Tether Gold because long term gold is very likely going to go up against the US Dollar. You could for example do 50 % USDC, 50 % gold.

Same-Abroad-993

As a priority, the stablecoins are set to be paid😉 USDT, USDC

AbysmalScepter

It really depends on where you live. I don't think the risk of holding USDC outweighs the benefits in most situations, but if you're talking double digit inflation in your own currency, then maybe it might be worth it.

jawni

Yeah there are tiny risks of that happening. It depegged by like 5% for a couple days because the US government made it tough for the issuers of USDC to find banking partners and Silicon Valley Bank was one of their partners and they went under, but it was literally only down for 5% and went back to 1.00 after a few days. It's unlikely anything like that happens for years, as the current administration is highly supportive of stables, especially ones like USDC. Don't listen to the morons moralizing in this thread, they mean well but they're idiots who have an overly idealized perception of everything in crypto. USDC and USDT are probably the best bet for someone in your situation, you can also get a good rate on it depending on where you park it. You could even look at yield-bearing stables. https://www.coingecko.com/en/categories/yield-bearing-stablecoins If you're trying to avoid risk, you can easily just split your savings between different stables and park them in different protocols too.

kill-dill

Yes if you're holding a currency with higher inflation than USD, it makes a lot of sense to hold USDC instead. Make sure you use a legit exchange like coinbase or kraken, and some exchanges even let you earn a little interest on it. Check the fees for purchasing usdc and swapping your currency to usd. Coinbase pro and kraken pro are alsi free to use and have lower fees than the regular app. Good luck and stick with a bit of btc if you feel the need to hold other crypto, at least until you learn more.

larrydalobstah

You won’t lose value if you hold the USDC on Coinbase and earn ~4% on it. But you must know the pros/cons of holding assets on CEXS We need a way to be able to own tokenized bonds in self custody but unfortunately the GENUIS bill doesn’t enable tokenized stablecoin distributions (aka tokenized bonds) This needs to change.

Biggerfooter

Depends on how much, USDC and USDT and some others are centralized meaning they can freeze your funds. Look into some decentralized ones maybe, like DAI?

CyberCrud

USDC is tied to the USD.  So as its value deflates, so does your investment.  Unless you're getting a better APY by holding USD, I wouldn't.